An analysis of the launch of digital currency as legal tender in India

Bilgi, Rohit (2022) An analysis of the launch of digital currency as legal tender in India. Masters thesis, Dublin, National College of Ireland.

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Abstract

The following research study has focused on the topic of analyzing the launch of digital currency as a legal tender in India. The increasing importance of digital currency is leading to the adoption of the currency as legal tender by the increasing population. A large number of countries are focusing on adopting digital currency as a legal tender so that people can use it without any restrictions. Hence the researcher has aimed to analyze the impact of launching the digital currency as legal tender in India. In order to achieve the aim, various objectives would be met by the researcher such as identifying the different factors associated with the approach, analyzing the importance of CBDC in the following process, and defining the benefits and limitations of introducing the digital currency as legal tender and analyzing the acceptance level of the idea by the Indian population. In order to carry out the research in a successful manner, the scholar has chosen the quantitative research strategy with the help of the SPSS tool and R which will provide appropriate results. The data collection method used in the paper is the primary and secondary method. For the collection of the primary data, the survey is conducted among 200 participants. By conducting the research study in a successful manner it can be made clear whether the launching of digital currency as legal tender in India would be a successful attempt or not.

Item Type:	Thesis (Masters)
Subjects:	D History General and Old World > DS Asia H Social Sciences > HG Finance H Social Sciences > HG Finance > Money > Currency
Divisions:	School of Computing > Master of Science in FinTech
Depositing User:	Clara Chan
Date Deposited:	04 Nov 2022 15:51
Last Modified:	04 Nov 2022 15:51
URI:	https://norma.ncirl.ie/id/eprint/5837

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